Our services.
CorPower Ocean offers a range of engineering services supporting the entire project life-cycle, that help guide our customers to implement wave energy on specific sites and for specific applications, while ensuring a viable business case.
Our services.
CorPower Ocean offers a range of engineering services supporting the entire project life-cycle, that help guide our customers to implement wave energy on specific sites and for specific applications, while ensuring a viable business case.
What we do.
CorPower Oceans is a turnkey supplier of wave energy systems, enabling our customers to generate clean electricity from ocean waves. We offer CorPack wave clusters at 10-30MW including Wave Energy Converters, moorings, anchors, and electrical collection system. A modular approach that enables customers to easily scale up wave farms and maximize availability.
Our tailored stages to allow you to realize your wave farm.
Stage 1
Opportunity assessment
Stage 2
Project development
Stage 3
Project delivery
Stage 1
Opportunity assessment
To get a clear understanding of the opportunity, a feasibility study can be performed to clarify the main characteristics of a project. This typically involves site assessment to identify suitable areas for wave energy farms, preliminary resource and yield analysis, constraint mapping and project finance calculations.
At this stage we also invite customers to perform due diligence on the technology and on CorPower Ocean as a company to ensure suitability for the project and a potential supplier relationship.
Stage 2
Project development
This a structured process with milestones and gateways through the Pre-FEED, FEED and Detailed Design. During the project development several departments are involved such as Finance, Engineering, Environmental and supply chain. The main goal is to bring the project to Financial Investment Decision (FID), meaning that all consents have been secured, the business case and financing package has been fully developed and commercial terms on both financing and key system supply has been established.
Preliminary Front End Engineering Design (Pre-FEED), or a Feasibility Study, is the initial phase of the design process. Pre-FEED includes the Design Basis Documentation and Conceptual Design. The Design Basis document outlines the functional requirements and environmental constraints to be adhered to during the design process; describes the design philosophy for all aspects of the farm, as well as parameters, load factors and tolerances for specific systems and components.
The Conceptual Design covers Yield Assessment and Availability, Hull, Power Take-Off, Mooring and Anchor System, Offshore electrical infrastructure, Fabrication, Integration and Offshore Installation, Operations and Maintenance, Cost Estimation and Project Analysis. The Conceptual Design consists of descriptions of the methodologies and assumptions for each of these areas, general arrangement drawings and numerical modelling outputs analysis.
FEED (Front End Engineering Design) includes basic design of major components, while Detailed design implies detail drawings to be used for manufacturing of the components and systems. The FEED also includes Cost Engineering, Operation & Maintenance methods, Installation and HSE & Risk Assessments. In essence, the FEED involves detailed work to ensure a bankable project with the ability to get to a fully consented site involving environmental assessments, access to grid, port availability, detailed constraint mapping, and project finance, as well as 3rd party involvement with marine operators, grid providers and authorities.
Stage 3
Project delivery
We support our customers in each step of the project delivery. Project Delivery consists of 4 main steps where CorPower has the capability to support our customers to deliver on time and budget with the highest health and safety standards.
Manufacturing – Our main focus is to ensure the delivery of agreed number of CorPacks including Wave Energy Converters, mooring systems, tidal compensation units, anchors, intra-array cables and floating collection hubs.
Construction & Installation – For the installation we foresee joint development of installations methods optimized for each individual project based on distance to port, choice of vessel, geotechnical conditions etc. All necessary machinery, electrical components and mechanical parts, including the CorPacks and all associated infrastructure, are installed, set up and connected during construction. Construction & Installation services will be provided to customers by EPCi partners (Engineering, Procurement, Construction, and Installation), typically being marine operators who own and operate the vessels being used.
Commissioning – Following construction and directly prior to the operational phase is a period known as “commissioning”, whereby all systems, infrastructure and equipment are thoroughly tested for efficiency and correct functioning. Once commissioning has been successfully completed, the wave farm may be launched.
Operation & Maintenance – During the operational phase of the wave farm, it is crucial to perform scheduled and ongoing control, maintenance and monitoring activities to ensure the smooth running of the project and to limit downtime. The wave farm must be monitored on a daily basis, and routine maintenance work must be undertaken. As part of our Guarantees and Warranty package, CorPower Ocean can take full responsibility of Operations and Maintenance ensuring a low risk and carefree ownership of the wave farm.
